London open: Banking stocks limit upside as markets open flat
20th Jan 2014 08:18
- Banks fall after Deutsche Bank Q4 loss - US markets closed for MLK Jr day - Chinese data points to slowdown techMARK 2,857.04 +0.21% FTSE 100 6,828.28 -0.01% FTSE 250 16,219.04 +0.20% UK equities opened more or less flat on Monday on what is set to be a quiet day with Wall Street closed later on
Read moreSunday newspaper round-up: Lloyds, Tesco, Mothercare, Legal & General
19th Jan 2014 15:44
The government could sell its next batch of Lloyds Banking Group shares as early as mid-February, the Sunday Telegraph said. The sale would be a book-build for institutional investors followed by a large offer to retail investors. Labour leader Ed Miliband's call for the breakup of Britain's biggest
Read moreBroker snap: 'Sell' RBS ahead of next month's results, says Investec
17th Jan 2014 15:47
Investec has downgraded its rating for UK banking group Royal Bank of Scotland (RBS) from 'hold' to 'sell', reminding investors of the rule: 'Never own RBS into the numbers!' "'Short RBS' may be a crowded trade but after a 19% one-month 'spike', we think it (once again) looks attractive," said Anal
Read moreFriday newspaper round-up: Lloyds, Experian, Greenhouse gases
17th Jan 2014 07:41
Ed Miliband will today promise to create at least two new challenger lenders by forcing Britain's biggest high street banks to sell a "significant" number of branches. The Labour leader claims that, if elected, one of his first acts would be to order the Competition and Markets Authority (CMA) to pr
Read moreLondon close: BSkyB leads markets higher after decent economic data
14th Jan 2014 16:31
- Markets at highest level since October 30th - UK inflation falls to BoE target - Eurozone industrial production, US retail sales beat forecasts - UBS highlights potential M&A at BSkyB techMARK 2,818.48 +0.54% FTSE 100 6,766.86 +0.14% FTSE 250 16,236.02 -0.12% Markets managed to finish in positiv
Read moreLondon close: Morrison leads UK markets higher
13th Jan 2014 16:36
- FTSE 100 closes at highest since November 4th - Morrison gains on property sales rumours - Banks celebrate eased Basel rules - US Q4 earnings season in focus ahead of busy week techMARK 2,803.23 +0.05% FTSE 100 6,757.15 +0.26% FTSE 250 16,254.80 +0.39% After a choppy session, UK markets finished
Read moreFTSE 100 movers: Morrison regains recent losses on dividend hopes
13th Jan 2014 15:17
Supermarket group Morrison was the top riser this afternoon as it continued to recover after a steep fall last week following a bigger-than-expected drop in like-for-like sales over Christmas. Broker Shore Capital said it expects activist investors to continue to show interest in Morrisons as report
Read moreLondon midday: Markets little changed but banks rise
13th Jan 2014 11:40
- Banks rise as Basel eases capital rules - US earnings in focus this week - AMEC offers 1.9bn pounds for Foster Wheeler - US activist investors looking at Morrison, reports say techMARK 2,797.71 -0.15% FTSE 100 6,731.21 -0.13% FTSE 250 16,199.41 +0.05% UK stocks were swinging between gains and lo
Read moreLondon open: Banking stocks buoy markets early on
13th Jan 2014 08:21
- Markets still digesting US jobs data - Banks rise as Basel eases leverage-ratio rules - AMEC offers 1.9bn pounds for Foster Wheeler techMARK 2,799.90 -0.07% FTSE 100 6,753.20 +0.20% FTSE 250 16,223.65 +0.20% UK markets opened higher on Monday morning though gains were only slight as investors co
Read moreLondon close: Markets hold on to gains despite poor US jobs data
10th Jan 2014 16:42
- US jobs report misses forecasts by a mile - Fed now in focus on stimulus speculation - Tullow gains on Statoil rumours - Mining stocks track metals higher - Barclays boosts forecasts for UK and US GDP techMARK 2,801.83 +0.98% FTSE 100 6,739.94 +0.73% FTSE 250 16,191.73 +1.52% UK markets remained
Read moreFTSE 100 movers: Tullow jumps on bid speculation
10th Jan 2014 15:11
Tullow Oil was the top riser on speculation that it could be a takeover target. The bid speculation gave the oil stock a lift after rumours did the rounds yesterday that Norwegian group Statoil is considering an offer for the firm. Tullow also had a strong day yesterday after an upgrade from HSBC to
Read moreFTSE 100 movers: M&S shares recover despite Q3 miss
9th Jan 2014 15:26
Marks & Spencer shares were putting in a strong performance this afternoon, recovering somewhat after yesterday's third quarter miss. The stock was given a boost by Investec, which upgraded its rating from 'hold' to 'buy', saying that the business should now become cash generative given that the cur
Read moreThursday newspaper round-up: Lloyds, ARM Holdings, BT...
9th Jan 2014 07:15
Lloyds has started to prepare a prospectus for a sale of about £6bn of its taxpayer-owned stake to ordinary investors and City institutions in what could be one of the Government's most eye-catching measures in the Budget. Steve Davies, co-manager of the Jupiter UK Growth Fund, said: "The timing wor
Read moreLondon close: Markets slip ahead of central bank meetings, retailers fall
8th Jan 2014 17:09
- Retailers in focus after Sainsbury, Mothercare, Majestic updates - US ADP data increases taper speculation - Central banks watched ahead of policy meetings techMARK 2,781.64 -0.28% FTSE 100 6,721.78 -0.50% FTSE 250 16,001.74 -0.42% Heavy falls in the retail sector and cautiousness among investor
Read moreFTSE 100 movers: RSA rises on confidence ahead of investigation result
8th Jan 2014 16:01
RSA Insurance climbed strongly ahead of receiving the results of an independent investigation after it reiterated its confidence that the recent financial irregularities are isolated to its Irish business. The results are due to be announced tomorrow. Banking stocks were extending yesterday's gain
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